ParcelLens
Property Intelligence · Twin Cities
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Within a HUD-designated Qualified Census Tract — LIHTC projects here receive a 30% basis boost, significantly increasing the tax credit allocation for affordable housing development.
HUD — LIHTC Qualified Census Tracts ↗Property type suggests multifamily rental use — may qualify for the Minneapolis 4d program, which reduces property taxes to ~0.25% in exchange for affordability commitments. Requires 3+ units and a current rental license.
Minneapolis — 4d Affordable Housing Incentive ↗Affordable housing developments in QCTs receive a 30% increase in eligible basis for Low Income Housing Tax Credits — materially improving project feasibility. Allocated through MHFA.
HUD — LIHTC Qualified Census Tracts ↗Signals are based on public datasets; program eligibility requires verification.
4 permits on record since 2008 · $203K total declared value · Most recent: Oct 2018 (misc)
ADVANTAGE CONSTRUCTION
ADVANTAGE CONSTRUCTION
Source: Minneapolis open data. Declared construction values are applicant-reported and may not reflect actual project cost.
Marcy Holmes · Minneapolis
ACS rents reflect current tenant leases and may differ from new market rents.
Source: 2022 ACS 5-Year Estimates · Census Tract 1037
Zip code 55414
Source: Redfin Data Center (Invalid Date) · Zip 55414
Most Recent Sale
Current Tax Year
No buildable area could be estimated under current zoning setbacks. The lot may be too small or the setbacks consume the entire parcel.
| Address | Owner | Class | Assessed Value | Distance |
|---|---|---|---|---|
| 724 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | VACANT LAND-APARTMENT | $71,300 | 50 ft |
| 214 8TH ST S E MINNEAPOLIS MN 55414 | OSAMA ABDEL-KERIM & EMAN ALY | APARTMENT | $581,900 | 91 ft |
| 716 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | APARTMENT | $451,000 | 103 ft |
| 712 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | RESIDENTIAL | $234,900 | 172 ft |
| 122 8TH ST S E MINNEAPOLIS MN 55414 | RLSJR LLC | COMMERCIAL-PREFERRED | $1,050,000 | 219 ft |
| 700 2ND AVE S E MINNEAPOLIS MN 55414 | NAEGELE OUTDOOR ADV CO | LAND-COMMERCIAL | $27,800 | 234 ft |
| 715 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | RESIDENTIAL-TWO UNIT | $267,600 | 235 ft |
| 728 HENNEPIN AVE E MINNEAPOLIS MN 55414 | CHILDRENS DENTAL SERVICES | COMMERCIAL-PREFERRED | $0 | 253 ft |
| 711 2ND AVE S E MINNEAPOLIS MN 55414 | 701 LLC | VACANT LAND-RESIDENTIAL | $84,000 | 258 ft |
| 700 HENNEPIN AVE E MINNEAPOLIS MN 55414 | 701 LLC | COMMERCIAL-PREFERRED | $1,015,000 | 282 ft |